SteelPeak Wealth LLC Lowers Position in iShares Core Total USD Bond Market ETF $IUSB

SteelPeak Wealth LLC lowered its stake in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 10.6% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,073,085 shares of the company’s stock after selling 127,264 shares during the quarter. iShares Core Total USD Bond Market ETF comprises 1.7% of SteelPeak Wealth LLC’s holdings, making the stock its 12th largest holding. SteelPeak Wealth LLC owned 0.15% of iShares Core Total USD Bond Market ETF worth $50,124,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently modified their holdings of IUSB. Team Financial Group LLC grew its holdings in iShares Core Total USD Bond Market ETF by 54.4% in the third quarter. Team Financial Group LLC now owns 619 shares of the company’s stock worth $29,000 after purchasing an additional 218 shares during the last quarter. Anchor Investment Management LLC purchased a new position in shares of iShares Core Total USD Bond Market ETF in the 2nd quarter valued at approximately $51,000. Atlantic Union Bankshares Corp purchased a new position in shares of iShares Core Total USD Bond Market ETF in the second quarter worth $52,000. Key Financial Inc increased its holdings in shares of iShares Core Total USD Bond Market ETF by 30.2% in the second quarter. Key Financial Inc now owns 1,185 shares of the company’s stock valued at $55,000 after purchasing an additional 275 shares during the period. Finally, Investors Research Corp lifted its holdings in shares of iShares Core Total USD Bond Market ETF by 111.7% during the third quarter. Investors Research Corp now owns 1,391 shares of the company’s stock worth $65,000 after purchasing an additional 734 shares during the period.

iShares Core Total USD Bond Market ETF Trading Down 0.2%

Shares of NASDAQ IUSB opened at $46.54 on Friday. The stock has a market cap of $33.08 billion, a price-to-earnings ratio of 10.80 and a beta of 0.26. iShares Core Total USD Bond Market ETF has a 12 month low of $44.67 and a 12 month high of $47.20. The company has a 50 day simple moving average of $46.71 and a two-hundred day simple moving average of $46.45.

iShares Core Total USD Bond Market ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, December 24th. Stockholders of record on Friday, December 19th were issued a dividend of $0.1648 per share. This is a positive change from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.16. The ex-dividend date of this dividend was Friday, December 19th. This represents a c) annualized dividend and a dividend yield of 4.2%.

iShares Core Total USD Bond Market ETF Profile

The iShares Core Total USD Bond Market ETF (IUSB) is an exchange-traded fund that is based on the Bloomberg U.S. Universal index. The fund tracks a broad Barclays index of USD-denominated taxable bonds. The index is market value weighted. IUSB was launched on Jun 10, 2014 and is managed by BlackRock.